{"schema_version":"secwatch.filing_event.v1","accession":"0001258602-26-000023","form_type":"8-K","ticker":"NNI","cik":"0001258602","company_name":"NELNET INC","filed_at":"2026-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.062728+00:00","generated_at":"2026-05-15T07:48:14.933968+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Nelnet enters $435M unsecured credit line, terminates prior $495M facility","bullets":["New $435M unsecured revolving credit facility dated March 31, 2026, maturing March 31, 2031.","Initial outstanding balance is $0; proceeds available for general corporate purposes.","Terminated the prior $495M unsecured credit agreement (Sept 2021) which had no outstanding balance.","The new facility includes financial covenants: minimum net worth, EBITDA/indebtedness ratio, asset quality test.","Guaranteed by certain subsidiaries; contains customary events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001258602-26-000023","json":"https://secwatch.observer/filing/0001258602-26-000023.json","markdown":"https://secwatch.observer/filing/0001258602-26-000023.md","text":"https://secwatch.observer/filing/0001258602-26-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/nni-20260331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:48:14.933968+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fdb87548db03ea5a19599d965c01a9fd59e5bd95","claim":"NELNET INC incurred credit facility of $435 million with U.S. Bank National Association maturing March 31, 2031.","evidence_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","confidence":0.9},{"claim_id":"5beb9f27731c1568bb4ef51cf7040e76fceac28f","claim":"NELNET INC terminated Third Amended and Restated Credit Agreement with U.S. Bank National Association, Wells Fargo Bank, National Association, Royal Bank of Canada, U.S. Bank National Association and Wells Fargo Securities, LLC valued at $495 million (effective 2026-03-31).","evidence_excerpt":"the Company terminated the Third Amended and Restated Credit Agreement dated as of September 22, 2021 (as amended, the \"2021 Credit Agreement\") among the Company, U.S. Bank National Association, as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, Royal Bank of Canada, as Documentation Agent, U.S. Bank National Association and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Book Runners, and various lender parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","confidence":0.9},{"claim_id":"6475a6df10bb8733700e5d6b744b4610dcac91c6","claim":"NELNET INC entered into Credit Agreement with U.S. Bank National Association, Wells Fargo Bank, National Association, Royal Bank of Canada, Wells Fargo Securities, LLC, First National Bank of Omaha, Regions Bank valued at $435 million (effective 2026-03-31).","evidence_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent (the “Administrative Agent”), Joint Lead Arranger, Joint Book Runner, and an individual lender, Wells Fargo Bank, National Association, as Syndication Agent (the “Syndication Agent”) and an individual lender, Royal Bank of Canada, as Documentation Agent and an individual lender, Wells Fargo Securities, LLC, as Joint Lead Arranger and Joint Book Runner, and First National Bank of Omaha and Regions Bank, as additional individual lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0001342916-26-000028","ticker":"HNOI","company_name":"HNO International, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"HNO International issues $67,500 convertible note and warrant to Monroe Street Capital","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.4,"calibrated_materiality_score":0.4,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001342916-26-000028","json":"https://secwatch.observer/filing/0001342916-26-000028.json","markdown":"https://secwatch.observer/filing/0001342916-26-000028.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342916/000134291626000028/0001342916-26-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342916/000134291626000028/hnoi8k5526.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On May 5, 2026, HNO International, Inc. (the \"Company\") entered into a Securities Purchase Agreement (the \"MSC Purchase Agreement\") with Monroe Street Capital Partners, LP, a Delaware limited partnership (the \"MSC Buyer\"), pursuant to which the Company issued to the MSC Buyer a Convertible Promissory Note in the principal amount of $67,500","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1342916/000134291626000028/0001342916-26-000028-index.htm"}},{"accession":"0001193125-26-212154","ticker":null,"company_name":"Apollo Debt Solutions BDC","filed_at":"2026-05-07T23:59:59+00:00","headline":"Apollo Debt Solutions BDC issues $300M 6.550% notes due 2032 at 100.604% of face value","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.45,"calibrated_materiality_score":0.45,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-212154","json":"https://secwatch.observer/filing/0001193125-26-212154.json","markdown":"https://secwatch.observer/filing/0001193125-26-212154.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837532/000119312526212154/0001193125-26-212154-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837532/000119312526212154/d127793d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"to Section 13(a) of the Exchange Act. ☐ Item 1.01. Entry into a Material Definitive Agreement. On May 5, 2026, Apollo Debt Solutions BDC (the “ Fund ”) priced an offering of $ 300 million in aggregate principal amount of its 6.550% notes due 2032 ( the “ New Notes ” ) in a private placement to persons reasonably believed to be qualified institutional buyers","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1837532/000119312526212154/0001193125-26-212154-index.htm"}},{"accession":"0001493152-26-026654","ticker":"SOUL","company_name":"Soulpower Acquisition Corp.","filed_at":"2026-06-01T21:00:32+00:00","headline":"SPAC Soulpower Acquisition issues up to $2.5M promissory note to sponsor affiliate for working capital","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.4,"calibrated_materiality_score":0.4,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-026654","json":"https://secwatch.observer/filing/0001493152-26-026654.json","markdown":"https://secwatch.observer/filing/0001493152-26-026654.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/0001493152-26-026654-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/form8-k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On May 29, 2026, Soulpower Acquisition Corporation (the \"Company\") issued an unsecured promissory note in the principal amount of up to $2,500,000 (the \"B Note\") to Soulpower Management LLC (the \"Lender\").","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/0001493152-26-026654-index.htm"}},{"accession":"0001654954-26-004632","ticker":"PED","company_name":"PEDEVCO CORP","filed_at":"2026-05-08T23:59:59+00:00","headline":"PEDEVCO amends credit facility: EBITDAX definition, redetermination schedule, and reserve report timeline updated","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.4,"calibrated_materiality_score":0.4,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-26-004632","json":"https://secwatch.observer/filing/0001654954-26-004632.json","markdown":"https://secwatch.observer/filing/0001654954-26-004632.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/0001654954-26-004632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/ped_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"the Company terminated the Third Amended and Restated Credit Agreement dated as of September 22, 2021 (as amended, the \"2021 Credit Agreement\") among the Company, U.S. Bank National Association, as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, Royal Bank of Canada, as Documentation Agent, U.S. Bank National Association and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Book Runners, and various lender parties thereto.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On May 5, 2026 (the “Second Amendment Effective Date”), PEDEVCO Corp., a Texas corporation (the “Company”), entered into a Second Amendment to Credit Agreement (the “Second Amendment”) with Citibank, N.A., as administrative agent (the “Administrative Agent”), each of the guarantors party thereto, and each of the lenders party thereto.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/0001654954-26-004632-index.htm"}},{"accession":"0001829126-26-004870","ticker":"BKHA","company_name":"Black Hawk Acquisition Corp","filed_at":"2026-05-08T23:59:59+00:00","headline":"Black Hawk Acquisition issues up to $300K convertible note to sponsor at 10% interest","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.4,"calibrated_materiality_score":0.4,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-004870","json":"https://secwatch.observer/filing/0001829126-26-004870.json","markdown":"https://secwatch.observer/filing/0001829126-26-004870.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2000775/000182912626004870/0001829126-26-004870-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2000775/000182912626004870/blackhawkacq_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 31, 2026, Nelnet, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) for a $435 million unsecured line of credit with U.S. Bank National Association, as Administrative Agent","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On May 4, 2026, Black Hawk Acquisition Corp., a Cayman Islands exempted company (the “Company”), issued a convertible promissory note (the “Note”) in the principal amount of up to $300,000 to Black Hawk Management LLC (the “Sponsor”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2000775/000182912626004870/0001829126-26-004870-index.htm"}},{"accession":"0001193125-26-251718","ticker":"PFLT","company_name":"PennantPark Floating Rate Capital Ltd.","filed_at":"2026-06-01T21:09:48+00:00","headline":"PennantPark Floating Rate Capital issues $105M 7.375% Notes due 2031","event_type":"debt","sec_items":["1.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251718","json":"https://secwatch.observer/filing/0001193125-26-251718.json","markdown":"https://secwatch.observer/filing/0001193125-26-251718.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1504619/000119312526251718/0001193125-26-251718-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1504619/000119312526251718/d37162d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"the Company terminated the Third Amended and Restated Credit Agreement dated as of September 22, 2021 (as amended, the \"2021 Credit Agreement\") among the Company, U.S. Bank National Association, as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, Royal Bank of Canada, as Documentation Agent, U.S. Bank National Association and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Book Runners, and various lender parties thereto.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On June 1, 2026, PennantPark Floating Rate Capital Ltd. (the “Company”) and Equiniti Trust Company, LLC (the “Trustee”) entered into a Third Supplemental Indenture (the “Third Supplemental Indenture”) to the Indenture between the Company and the Trustee, dated March 23, 2021 (the “Base Indenture,” and together with the Third Supplemental Indenture, the “Indenture”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1504619/000119312526251718/0001193125-26-251718-index.htm"}},{"accession":"0000932696-26-000063","ticker":"NSIT","company_name":"INSIGHT ENTERPRISES INC","filed_at":"2026-06-01T17:36:39+00:00","headline":"Insight Enterprises adds $100M swingline sub-facility via seventh amendment to ABL credit agreement","event_type":"debt","sec_items":["1.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000932696-26-000063","json":"https://secwatch.observer/filing/0000932696-26-000063.json","markdown":"https://secwatch.observer/filing/0000932696-26-000063.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/932696/000093269626000063/0000932696-26-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932696/000093269626000063/nsit-20260528.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"the Company terminated the Third Amended and Restated Credit Agreement dated as of September 22, 2021 (as amended, the \"2021 Credit Agreement\") among the Company, U.S. Bank National Association, as Administrative Agent, Wells Fargo Bank, National Association, as Syndication Agent, Royal Bank of Canada, as Documentation Agent, U.S. Bank National Association and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Book Runners, and various lender parties thereto.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1258602/000125860226000023/0001258602-26-000023-index.htm","comparable_excerpt":"On May 28, 2026, Insight Enterprises, Inc. (“Insight”) entered into a seventh amendment to credit agreement (the “Seventh Amendment”) with JPMorgan Chase Bank, N.A., as Administrative Agent (the “Agent”), the lenders party thereto, certain of Insight’s subsidiaries organized in the United States, the United Kingdom, the Netherlands and Australia, as additional borrowers (collectively with Insight, the “Borrowers”), and certain of Insight’s subsidiaries organized in the United States, the United Kingdom, the Netherlands, Australia and Canada, as guarantors (collectively, the “Guarantors”), which amends the credit agreement, dated as of August 30, 2019 (as amended the “ABL Credit Agreement”)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/932696/000093269626000063/0000932696-26-000063-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}